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Reallocation of Fiscal Year 2020 — 2021 CDBG Program Funds <br />April 7, 2020 <br />Page 3 <br />neighborhood vitality and livability), Strategy D (Implement new Neighborhood Improvement <br />Initiatives focusing on residential areas that have been adversely affected by disinvestment and <br />decline. Program and services from a variety of resources will be utilized to achieve positive and <br />sustainable improvements), and Objective #6 (Focus projects and programs on improving the <br />health and wellness of all residents), Strategy C (Integrate a variety of health and wellness <br />programs into existing programming at each of the city's community/recreation centers (e.g. <br />Develop equitable health access points)). <br />FISCAL IMPACT <br />Funds will be budgeted and available in the Community Development Block Grant account (no. <br />13518783-69135) and the Inclusionary Housing Fund account (no. 41718820-69135) upon the <br />execution of a grant agreement between the City and HUD and the adoption of the FY 2020-21 <br />annual budget. It is anticipated that the funds will be expended as follows: <br />Fiscal Year <br />Grant <br />Accounting Unit- <br />Fund <br />Accounting Unit, <br />Amount <br />Year <br />Account # <br />Description <br />Account Description <br />2015- <br />Community <br />FY 2020-21 <br />2018 <br />13518783-69135 <br />Development <br />CDBG Programs <br />$169,825 <br />Block Grant <br />FY 2020-21 <br />N/A <br />41718820-69135 <br />InclusionaryHousing <br />Payment to Subagent <br />$ 45,000 <br />Total for FY 20-21 <br />$214,825 <br />If the City Council approves the two-year agreements with the non-profit organizations per <br />Recommended Actions 2 and 3, upon execution of a grant agreement between the City and HUD <br />and the adoption of the FY 2021-22 annual budget, funds will be available and expended as <br />follows: <br />Fiscal Year <br />Grant <br />Accounting Unit- <br />Fund <br />Accounting Unit, <br />Amount <br />Year <br />Account # <br />Description <br />Account Description <br />Community <br />FY 2021-22 <br />2021 <br />13518783-69135 <br />Development <br />CDBG Programs <br />$169,825 <br />Block Grant <br />FY 2021-22 <br />N/A <br />41718820-69135 <br />Inclusionary <br />Payment to Subagent <br />$ 45,000 <br />Housing <br />Total for FY 21-22 <br />$214,825 <br />Exhibit: 1. Staff Report from March 3'd City Council meeting <br />60C-3 <br />